Rating Agencies
Slower-Growth Surplus Lines Still P/C Industry Bright Spot: A.M. Best
It looks like diversification and keeping your balance sheet solid has gone a long way for the surplus lines market. These practices will likely be the sector's saving grace in the months ahead, A.M. ...
P/C Insurers’ Underwriting Losses Worsened in H1: A.M. Best
Catastrophes, lower favorable loss reserve development and challenging market conditions continued to pressure U.S. property/casualty insurers through the first half of the year, leading to an ...
Top 25 Non-Life Reinsurers: Swiss Re Leads, Berkshire Drops in A.M. Best’s 2016 Ranking
Swiss Re landed on top of a ranking of global non-life reinsurers, just edging out Munich Re by a few hundred million dollars in premium on a list extracted from an A.M. Best analysis. The rating ...
S&P Boosts Outlook for PartnerRe, Reassured by Its Hands-Off Owner EXOR
PartnerRe gets an outlook upgrade courtesy of Standard & Poor's, due in part to the ratings agency's admission that the reinsurer remains relatively autonomous from its new owner, EXOR. Standard ...
Europe’s Top Cedents Saw Cessions Jump by Double Digits in 2015: A.M. Best
Europe's top cedents reported a double-digit hike in cessions for 2015 compared to the previous year. The trend stems from their taking advantage of cheap and bountiful reinsurance capacity, A.M. ...
Reinsurers’ Profits Risk Falling Below Cost of Capital: S&P
Reinsurers' profits will soon drop below their cost of capital and could remain there until the underwriting or investment cycle turns, according to Standard & Poor's in a new report. S&P ...
Cat Bond Payments Match Traditional Reinsurers on Reliability Scale: S&P
Some traditional reinsurers have asserted that catastrophe bonds are unreliable in terms of paying claims after major events. A new Standard & Poor's article rebukes that idea. "We have explored ...
AIG’s Restructuring Efforts Earn Ratings Affirmation From Fitch
AIG ongoing focus on restructuring and deleveraging got a vote of confidence from Fitch Ratings. Fitch affirmed the insurer financial strength ratings of American International Group's ...